We talk all about Governance Tokens & Decentralized Governance in the latest podcast episode of OurDecentralizedFuture
It’s been super interesting comparing the Australian political system to the American political system… aside from the vast differences in government structure, the emotions surrounding the two governments could not be more different. In Australia, there are two main parties that are so ridiculously similar and both parties seem to exist solely to block the other and ensure literally nothing gets done. So Australians are mostly apathetic about politics.
I’m sure it comes to no surprise to anyone in the world that American politics is the exact opposite, a lot of people in the US strongly identify with one of the two parties and to be fair, a lot of concepts and discussions seem to be literal life and death.
The problem as I see it is that in both cases… the two party system does more damage than good. There is no incentive to compromise… so I’ve been thinking more and more about different forms of government, and blockchain technology might be exactly what we need to help solve this issue… with the help of Governance Tokens.
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Governance Tokens & Decentralized Governance
Andrew raises some really good points that I had never considered… I had never really thought how you maintain that the people you want to be holding the governance tokens are actually holding those governance tokens. What prevents a bad actor or just a billionaire from scooping up all the governance tokens and making decisions that just suit them?
Andrew has some ideas on exactly this… but I’m super curious to hear your take on it too… please do comment down below. I’d love to read your thoughts.
Andrew and I have been chatting for a while before we created this podcast. If you’re interested in learning more about Koinos, here are some of the previous chats with Andrew …
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Will the US Government ban Bitcoin?
Real use cases for Smart Contracts
Clarion OS & KOINOS announcements!
Koinos Plans for 2021 – come join the community!
Transaction Speeds – Centralization vs Decentralization
Institutional store of value in digital assets?
Tokenomics of Blockchains
Enterprises and Public Blockchains
Feeless Blockchain Transactions – How does it work?
Token distribution – Mining KOIN and Proof of Work
Integrating with Koinos
Smart Contracts – what are they?
A conversation with Andrew from the KOINOS Group
Additionally, here are all the good bits:
Koinos Network Socials
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Thanks so much for listening to our discussion about Governance Tokens & Decentralized Governance. Would love to know your thoughts below.
Please note : The above post may contain affiliate links.
Below are some product referral links that I love and will benefit us both if you’re interested.
Splinterlands – A super fun blockchain card game that I play almost every day.
Coil – A $5 USD monthly subscription fee provides you access to a ton of content and sites in a way that fairly rewards the creators of that content.
Exxp – The WordPress App to link your blog to the Hive blockchain.
NomadTask – Earn for completing online tasks like following accounts or completing reviews.
MINT Club – Create your own Smart Media Tokens with no coding required.